Liberty Energy Q1 revenue $977 million, net income falls to $20 million
Liberty Energy reported first quarter 2025 revenue of $977 million, up 4% from the fourth quarter of 2024 but down from $1.1 billion a year earlier. Net income was $20 million, or $0.12 per diluted share, compared with $82 million, or $0.48 per share, in the first quarter of 2024, and the company said it expects sequential growth in revenue and profitability in the second quarter.
Key points
- Revenue $977 million, versus $1.1 billion in Q1 2024 and $944 million in Q4 2024
- Net income $20 million ($0.12 diluted EPS) versus $82 million ($0.48) in Q1 2024; Adjusted EBITDA $168 million, down 31% year over year and up 8% from Q4 2024
- Repurchased 1.0% of shares for about $24 million; about $270 million of repurchase authorization remains
- Board declared a $0.08 per share quarterly dividend on April 15, 2025, payable June 20, 2025 to holders of record as of June 6, 2025
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:55 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 16, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.